If there are any red flags on your mom's house, you may want to hold off on the cancellation of her current coverage until the new policy is issued and the company has done their inspection. 

Have a bad situation where former tenant unjustly is suing for mold.

If you are referring to hard money lenders as the larger companies like Kiavi and Toorak then yes private lenders are more flexible, but they may or may not be more cost effective.For example we do some private lending and we are absolutely more flexible than some of the HML's but we are not more cost effective, we are more expensive.

Accountants are in such demand, that the best are not even accepting clients half the time.The other problem I see often with accountants on here is that they specialize in larger investors, and have really high prices when you as a smaller investor do not need all the bells and whistles.Another thing I see is folks thinking they need to have a tax professional in their state.

Carola,I decided to go with Invelo, The main reason that I went with Invelo was for the benefit that I can speak with someone if I have issues.

I’m fortunate that my contractor often thinks outside the box regarding different projects and issues and finds solutions that may turn out better for situations we have been thinking of.

However, there are other strategies you can consider to optimize your tax situation:Maximize Deductions: Ensure you're fully utilizing all deductible expenses related to your rentals, such as maintenance, repairs, property management fees, and travel expenses to the properties.Depreciation: Make sure you're taking full advantage of depreciation on the properties, which can significantly reduce taxable income.Cost Segregation Study: For larger properties, a cost segregation study can accelerate depreciation on certain parts of the property, offering more upfront tax savings.1031 Exchange: If you're considering selling any properties, a 1031 exchange allows you to defer capital gains taxes by reinvesting the proceeds into another rental property.Energy-Efficient Improvements: Tax credits may be available for making energy-efficient improvements to your properties.Rod

It becomes easy to find deals when you are rolling but you start having other issues such as how to operate your rentals etc.If you don't do this you will get burnt out very quickly.

I have the same issue as well.

Hi Hillary, I would call some of the local credit unions as well as one or two larger banks to get an idea of what everyone is offering for owner occupied HELOCs and what LTV (loan to value) each is given.